FLATTRADE vs Cypher Pay
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
FLATTRADE
This app provides zero brokerage trading across all segments including cash, F&O, currency, and commodities. It offers lifetime no AMC, a free Demat account, and lightning-fast trading platforms with live market feeds and advanced charting.
- Zero Brokerage on all orders
- Lifetime No AMC
- Free Demat account
- Trade in Equity, Derivatives, Commodity, Currency
- Live stock price tracking
- Unlimited custom watchlists
- Technical charts on mobile
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FLATTRADE offers Zero Brokerage on all orders across all segments i.e. No charge for all your orders, across any trading segment - Cash, F&O, Currency, and Commodities. Key Features: Zero Brokerage: No Brokerage for all orders across any trading segment - Cash, F&O, Currency, and Commodities. No AMC for Lifetime Free Demat account All-in-one: Trade in Equity, Derivatives, Commodity and Currency segments Live Tracking: Get live updates on stock prices and quotes from NSE, BSE & MCX Watchlist: Create an unlimited number of customized watchlists Receive real-time market feeds to stay on top of your scrips Lightning-fast trading platforms- mobile, web, desktop Technical Chart on Mobile - Services Provided by TradingView Multiple Order Options - Good Till Trigger (GTT), Bracket Order, Cover Order, After Market Order (AMO) About us: Flattrade is a rapidly growing online share trading company that renders an array of stock market trading services. The company was established as Fortune Capital Services Private Limited in the year 2004. To date, it is one of the most recognized and rapidly growing financial stock brokerages in the country. We have several branches present in the major cities of India, including the headquarters located in Chennai. Our company deals with services such as Demat account opening, trading in commodities, equities, derivatives, and currencies, along with mutual funds. Our proficient ecosystem is demonstrated with efficient customer support operations that foster scalable brokerage solutions at highly competitive prices. Our ability to understand customer needs and expertise in implementing complex technological solutions enables us to give you a great investing experience at an unimaginably Zero Brokerage. Customer Support: Customer Service Email: support@flattrade.in Customer Service: 044-45609696 or 044-61329696 Compliance Details: Member name: Flattrade Broking Private Limited SEBI Registration Number: INZ000201438 Member Code: NSE-14572, BSE-6524, MCX-16765 Registered Exchanges name: NSE, BSE, MCX Exchange approved segments: CM, FO, CD, Commodity
Cypher Pay
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Cypher Pay gives Cypherwave business customers secure, on-the-go visibility into their accounts. Sign in with your existing Cypher Pay credentials to view your business activity anytime, anywhere. The app is a companion to the Cypher Pay web platform — accounts are opened and managed through the web portal, while the app keeps you informed wherever you are. VIEW YOUR ACCOUNTS See your business accounts at a glance, with balances and account details always up to date. TRACK EVERY TRANSACTION Browse your full transaction history with clear credit and debit entries, amounts, dates, references, and counterparty details. STAY ON TOP OF TOTALS Instant summaries of total credits and debits help you understand money in and money out without opening a spreadsheet. YOUR CLIENTS IN ONE PLACE View your client list and the transaction activity associated with each client. BUILT FOR SECURITY Access is available only to verified business customers. All accounts are opened and verified through the Cypher Pay web portal before app access is granted. Note: Cypher Pay is available to existing Cypherwave Technologies Limited business customers. New accounts cannot be created in the app.
Screenshots
Verdict
The clearest difference is update cadence: Cypher Pay at every 4 days against FLATTRADE's every 3 weeks. On price, ads, in-app purchases and device support there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
FLATTRADE ships an update every 3 weeks, Cypher Pay every 4 days. The most recent releases landed on October 27, 2026 and October 10, 2026 respectively.
| Parameter | FLATTRADE | Cypher Pay |
|---|---|---|
| Price | Free | Free |
| Rating | 4.0 (7 ratings) — better | — |
| Positive reviews | 33.3% of reviews | — |
| Number of ratings | 7 — better | — |
| Update frequency | Every 3 weeks | Every 4 days — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | — |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 15.0 | 15 |
| Further details — not scored | ||
| Size | 56 MB | 61 MB |
| Age rating | 17+ | 4+ |
| Developer | Flattrade Broking Private Limited | C4D TECHNOLOGY LIMITED |
In-app purchases
FLATTRADE
No in-app purchases
Cypher Pay
No in-app purchases









